2016 Form 10-K Financial Statement

#000156459016015660 Filed on March 30, 2016

View on sec.gov

Income Statement

Concept 2016 2015 Q1 2015
Revenue $2.109B $582.7M $1.867B
YoY Change 12.94% 23.54% 20.4%
Cost Of Revenue $1.356B $364.6M $1.177B
YoY Change 15.27% 22.89% 18.37%
Gross Profit $752.7M $218.1M $690.8M
YoY Change 8.96% 24.67% 24.04%
Gross Profit Margin 35.69% 37.43% 36.99%
Selling, General & Admin $567.1M $142.8M $525.0M
YoY Change 8.01% 22.37% 4.59%
% of Gross Profit 75.34% 65.46% 76.01%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $44.20M $9.500M $33.70M
YoY Change 31.16% 23.38% 27.17%
% of Gross Profit 5.87% 4.35% 4.88%
Operating Expenses $567.1M $142.8M $525.0M
YoY Change 8.01% 22.37% 4.59%
Operating Profit $185.6M $75.34M $165.7M
YoY Change 11.99% 29.28% 202.14%
Interest Expense -$24.90M -$5.900M $17.55M
YoY Change -241.87% 293.33% 206.14%
% of Operating Profit -13.42% -7.83% 10.59%
Other Income/Expense, Net -$10.80M
YoY Change
Pretax Income $148.8M $69.40M $148.2M
YoY Change 0.39% 22.4% 201.67%
Income Tax $58.78M $26.90M $57.17M
% Of Pretax Income 39.52% 38.76% 38.58%
Net Earnings $91.10M $42.53M $91.00M
YoY Change 0.11% 59.62% 400.15%
Net Earnings / Revenue 4.32% 7.3% 4.87%
Basic Earnings Per Share $2.27 $1.07 $2.31
Diluted Earnings Per Share $2.16 $1.02 $2.20
COMMON SHARES
Basic Shares Outstanding 40.19M 39.73M 39.46M
Diluted Shares Outstanding 42.26M 41.78M 41.38M

Balance Sheet

Concept 2016 2015 Q1 2015
SHORT-TERM ASSETS
Cash & Short-Term Investments $462.3M $211.1M $211.1M
YoY Change 119.0% 1475.37% 1475.37%
Cash & Equivalents $331.5M $145.7M $148.9M
Short-Term Investments $130.8M $62.20M $62.20M
Other Short-Term Assets $79.00M $88.00M $88.00M
YoY Change -10.23% -29.37% -29.37%
Inventory $725.4M $559.3M $559.3M
Prepaid Expenses
Receivables $28.60M $25.97M $26.00M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.295B $884.3M $884.3M
YoY Change 46.47% 44.07% 44.07%
LONG-TERM ASSETS
Property, Plant & Equipment $515.6M $390.8M $390.8M
YoY Change 31.93% 81.86% 81.85%
Goodwill $124.4M
YoY Change 1.63%
Intangibles $48.55M
YoY Change 2.41%
Long-Term Investments $22.10M $18.30M $18.30M
YoY Change 20.77%
Other Assets $62.20M $22.91M $59.50M
YoY Change 4.54% 177.08% 136.11%
Total Long-Term Assets $772.7M $641.7M $641.7M
YoY Change 20.41% 56.01% 56.02%
TOTAL ASSETS
Total Short-Term Assets $1.295B $884.3M $884.3M
Total Long-Term Assets $772.7M $641.7M $641.7M
Total Assets $2.068B $1.526B $1.526B
YoY Change 35.51% 48.86% 48.86%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $156.6M $133.1M $133.1M
YoY Change 17.66% 14.41% 14.45%
Accrued Expenses $105.7M $102.1M $102.1M
YoY Change 3.53% 12.82% 12.82%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $300.0K $300.0K
YoY Change -83.33% -83.33%
Total Short-Term Liabilities $434.1M $344.3M $344.3M
YoY Change 26.08% 8.46% 8.48%
LONG-TERM LIABILITIES
Long-Term Debt $691.2M $409.2M $435.9M
YoY Change 58.57% 245.03% 258.18%
Other Long-Term Liabilities $56.40M $1.064M $42.70M
YoY Change 32.08% -82.46% 4.91%
Total Long-Term Liabilities $747.6M $1.064M $478.6M
YoY Change 56.21% -82.46% 194.7%
TOTAL LIABILITIES
Total Short-Term Liabilities $434.1M $344.3M $344.3M
Total Long-Term Liabilities $747.6M $1.064M $478.6M
Total Liabilities $1.182B $823.1M $823.1M
YoY Change 43.58% 71.54% 71.55%
SHAREHOLDERS EQUITY
Retained Earnings $53.71M
YoY Change -244.03%
Common Stock $669.0M
YoY Change 16724725.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $19.29M
YoY Change 611.62%
Treasury Stock Shares $292.3K
Shareholders Equity $886.2M $702.9M $702.9M
YoY Change
Total Liabilities & Shareholders Equity $2.068B $1.526B $1.526B
YoY Change 35.51% 48.86% 48.86%

Cashflow Statement

Concept 2016 2015 Q1 2015
OPERATING ACTIVITIES
Net Income $91.10M $42.53M $91.00M
YoY Change 0.11% 59.62% 400.15%
Depreciation, Depletion And Amortization $44.20M $9.500M $33.70M
YoY Change 31.16% 23.38% 27.17%
Cash From Operating Activities $126.7M $105.3M $82.50M
YoY Change 53.58% 84.74% -5.74%
INVESTING ACTIVITIES
Capital Expenditures $119.5M -$40.70M $110.4M
YoY Change 8.25% 12.12% 17.57%
Acquisitions
YoY Change
Other Investing Activities -$93.60M -$89.70M -$89.70M
YoY Change 4.35%
Cash From Investing Activities -$227.4M -$130.4M -$200.5M
YoY Change 13.42% 259.23% 113.6%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 286.8M 17.20M 253.8M
YoY Change 13.0% -210.97% 2106.0%
NET CHANGE
Cash From Operating Activities 126.7M 105.3M 82.50M
Cash From Investing Activities -227.4M -130.4M -200.5M
Cash From Financing Activities 286.8M 17.20M 253.8M
Net Change In Cash 186.1M -7.900M 135.8M
YoY Change 37.04% -251.92% 2532.8%
FREE CASH FLOW
Cash From Operating Activities $126.7M $105.3M $82.50M
Capital Expenditures $119.5M -$40.70M $110.4M
Free Cash Flow $7.239M $146.0M -$27.86M
YoY Change -125.98% 56.48% 338.93%

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CY2015 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
453000
CY2016 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
217379000
CY2015 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
91604000
CY2016 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
143830000
CY2015 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
11118000
CY2016 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-227397000
CY2015 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-200548000
CY2014 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-93868000
CY2015 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
749945000
CY2014 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
1670876000
CY2015 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-835370000
CY2014 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
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CY2015 us-gaap Payments Of Financing Costs
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2133000
CY2016 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
296250000
CY2015 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
350000000
CY2016 us-gaap Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
30390000
CY2015 us-gaap Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
40390000
CY2016 us-gaap Payments For Hedge Financing Activities
PaymentsForHedgeFinancingActivities
68250000
CY2015 us-gaap Payments For Hedge Financing Activities
PaymentsForHedgeFinancingActivities
73325000
CY2016 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2382000
CY2015 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
5385000
CY2015 rh Borrowings Under Build To Suit Lease Transactions
BorrowingsUnderBuildToSuitLeaseTransactions
1776000
CY2016 rh Net Repayments On Capital Leases
NetRepaymentsOnCapitalLeases
248000
CY2015 rh Net Repayments On Capital Leases
NetRepaymentsOnCapitalLeases
1803000
CY2014 rh Net Repayments On Capital Leases
NetRepaymentsOnCapitalLeases
2555000
CY2016 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
25606000
CY2015 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
16400000
CY2014 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
7629000
CY2016 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
10443000
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
16421000
CY2014 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
3685000
CY2016 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
5027000
CY2015 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3116000
CY2014 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
178000
CY2016 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
286782000
CY2015 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
253800000
CY2014 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
11505000
CY2016 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-308000
CY2015 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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-198000
CY2014 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-123000
CY2016 us-gaap Cash And Cash Equivalents Period Increase Decrease
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200963000
CY2015 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
135545000
CY2014 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
5035000
CY2014Q1 us-gaap Cash And Cash Equivalents At Carrying Value
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13389000
CY2013Q1 us-gaap Cash And Cash Equivalents At Carrying Value
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8354000
CY2016 us-gaap Interest Paid
InterestPaid
13369000
CY2015 us-gaap Interest Paid
InterestPaid
8611000
CY2014 us-gaap Interest Paid
InterestPaid
5038000
CY2016 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
29135000
CY2015 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
60121000
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IncomeTaxesPaidNet
1521000
CY2016 rh Amounts Capitalized Under Build To Suit Transactions
AmountsCapitalizedUnderBuildToSuitTransactions
96323000
CY2015 rh Amounts Capitalized Under Build To Suit Transactions
AmountsCapitalizedUnderBuildToSuitTransactions
89829000
CY2014 rh Amounts Capitalized Under Build To Suit Transactions
AmountsCapitalizedUnderBuildToSuitTransactions
33494000
CY2016 rh Noncash Or Part Noncash Acquisition Sale Leaseback
NoncashOrPartNoncashAcquisitionSaleLeaseback
74855000
CY2016 rh Noncash Or Part Cash Additions From Use Of Construction Related Deposits
NoncashOrPartCashAdditionsFromUseOfConstructionRelatedDeposits
13915000
CY2016 us-gaap Noncash Or Part Noncash Acquisition Payables Assumed1
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12108000
CY2015 us-gaap Noncash Or Part Noncash Acquisition Payables Assumed1
NoncashOrPartNoncashAcquisitionPayablesAssumed1
10875000
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NoncashOrPartNoncashAcquisitionPayablesAssumed1
4204000
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38000
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CapitalLeaseObligationsIncurred
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CY2015 rh Amount Capitalized To Acquire Building Under Capital Lease
AmountCapitalizedToAcquireBuildingUnderCapitalLease
6798000
CY2016 rh Notes Payable For Share Repurchases
NotesPayableForShareRepurchases
238000
CY2015 rh Notes Payable For Share Repurchases
NotesPayableForShareRepurchases
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CY2016 us-gaap Nature Of Operations
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<div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">NOTE 1&#8212;NATURE OF BUSINESS </p> <p style="margin-bottom:0pt;margin-top:6pt;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">Restoration Hardware Holdings, Inc., a Delaware corporation, together with its subsidiaries (collectively, the &#8220;Company&#8221;), is a luxury home furnishings retailer that offers a growing number of categories, including furniture, lighting, textiles, bathware, d&#233;cor, outdoor and garden, tableware, and child and teen furnishings. These products are sold through the Company&#8217;s stores, catalogs and websites. As of January 30, 2016, the Company operated a total of 69 retail stores and 17 outlet stores in 28 states, the District of Columbia and Canada, and had sourcing operations in Shanghai and Hong Kong. </p></div>
CY2016 us-gaap Fiscal Period
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<div> <p style="margin-bottom:0pt;margin-top:18pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Fiscal Years </p> <p style="margin-bottom:0pt;margin-top:6pt;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">The Company&#8217;s fiscal year ends on the Saturday closest to January&#160;31. As a result, the Company&#8217;s fiscal year may include 53 weeks. The fiscal years ended January 30, 2016 (&#8220;fiscal 2015&#8221;), January 31, 2015 (&#8220;fiscal 2014&#8221;) and February 1, 2014 (&#8220;fiscal 2013&#8221;) each consisted of 52 weeks. </p></div>
CY2016 us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="margin-bottom:0pt;margin-top:18pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Use of Accounting Estimates </p> <p style="margin-bottom:0pt;margin-top:6pt;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">The preparation of the Company&#8217;s consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates and such differences could be material to the consolidated financial statements. </p></div>
CY2016 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div> <p style="margin-bottom:0pt;margin-top:18pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Concentration of Credit Risk </p> <p style="margin-bottom:0pt;margin-top:6pt;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">The Company maintains its cash and cash equivalent accounts in financial institutions in both U.S. dollar and Canadian dollar denominations. Accounts at the U.S. institutions are insured by the Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) up to $250,000 and accounts at the Canadian institutions are insured by the Canada Deposit Insurance Corporation (&#8220;CDIC&#8221;) up to $100,000 Canadian dollars. As of January 30, 2016 and January 31, 2015, and at various time throughout these fiscal years, the Company had cash in financial institutions in excess of the amount insured by the FDIC and CDIC. The Company performs ongoing evaluations of these institutions to limit its concentration of credit risk. </p></div>
CY2016 us-gaap Revenue Recognition Deferred Revenue
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<div> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:0%;font-size:10pt;">&nbsp;</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Deferred Revenue and Customer Deposits </p> <p style="margin-bottom:0pt;margin-top:6pt;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">Deferred revenue represents the revenue associated with orders that have been shipped by the Company to its customers but have not yet been received by the customer. As the Company recognizes revenue when the merchandise is received by its customers, it is included as deferred revenue on the consolidated balance sheets while in-transit. </p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Customer deposits represent payments made by customers on custom orders. At the time of purchase the Company collects deposits for all custom orders equivalent to 50% of the customer purchase price. Custom order deposits are recognized as revenue when the merchandise is received by the customer.</p></div>
CY2016 us-gaap Revenue Recognition Gift Cards
RevenueRecognitionGiftCards
<div> <p style="margin-bottom:0pt;margin-top:18pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Gift Cards, Gift Certificates and Merchandise Credits </p> <p style="margin-bottom:0pt;margin-top:6pt;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">The Company sells gift cards, gift certificates and issues merchandise credits to its customers in its stores and through its websites and product catalogs. Such gift cards, gift certificates and merchandise credits do not have expiration dates. Revenue associated with gift cards, gift certificates and merchandise credits is deferred until either (i)&#160;redemption of the gift cards, gift certificate and merchandise credits or (ii)&#160;when the likelihood of redemption is remote and there exists no legal obligation to remit the value of unredeemed gift cards, gift certificates or merchandise credits to the relevant jurisdictions (breakage). The breakage rate is based on monitoring of cards and certificates issued, actual card and certificate redemptions and the Company&#8217;s analysis of when it believes it is remote that redemptions will occur. Breakage resulted in a reduction of selling, general and administrative expenses on the consolidated statements of income of $2.0 million, $3.1 million, and $2.9 million in fiscal 2015, fiscal 2014, and fiscal 2013, respectively.</p></div>
CY2015 us-gaap Advertising Expense
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114700000
CY2014 us-gaap Advertising Expense
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83000000
CY2016Q1 rh Number Of Retail Stores
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69
CY2016 rh Number Of Outlet Stores
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17
CY2016Q1 us-gaap Number Of States In Which Entity Operates
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28
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0
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CY2016 rh Cash Equivalents Maturity Period Of Highly Liquid Investments
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90 days or less
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100000
CY2016 us-gaap Dividends
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0
CY2015 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
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0
CY2014 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
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0
CY2016 us-gaap Impairment Of Long Lived Assets Held For Use
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CY2015 rh Capitalized Interest Related To Amortization Of Convertible Notes Debt Discount
CapitalizedInterestRelatedToAmortizationOfConvertibleNotesDebtDiscount
1100000
CY2016 rh Land Rent Expense Threshold For Capital Lease
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0.25
CY2016Q1 rh Number Of Reporting Units Reviewed For Impairment
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1
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0
CY2015 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2015 us-gaap Impairment Of Long Lived Assets Held For Use
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0
CY2015Q1 rh Allowances For Sales Returns And Discounts
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10235000
CY2016 rh Amortization Period
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P12M
CY2016Q1 rh Capitalized Catalog Costs Included In Prepaid Expenses And Other Current Assets
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35836000
CY2015Q1 rh Capitalized Catalog Costs Included In Prepaid Expenses And Other Current Assets
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46911000
CY2016 us-gaap Interest Costs Capitalized
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2300000
CY2015 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
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CY2014 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
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CY2016 rh Capitalized Interest Related To Amortization Of Convertible Notes Debt Discount
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2300000
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12142000
CY2013Q1 rh Allowances For Sales Returns And Discounts
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5206000
CY2016 rh Provision For Sales Returns
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104028000
CY2015 rh Provision For Sales Returns
ProvisionForSalesReturns
87217000
CY2014 rh Provision For Sales Returns
ProvisionForSalesReturns
86541000
CY2016 rh Actual Sales Returns
ActualSalesReturns
101575000
CY2015 rh Actual Sales Returns
ActualSalesReturns
89124000
CY2014 rh Actual Sales Returns
ActualSalesReturns
79605000
CY2016Q1 rh Allowances For Sales Returns And Discounts
AllowancesForSalesReturnsAndDiscounts
12688000
CY2016 rh Percentage Of Customer Deposits On Purchase Price
PercentageOfCustomerDepositsOnPurchasePrice
0.50
CY2016 us-gaap Revenue Recognition Gift Cards Breakage
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2000000
CY2015 us-gaap Revenue Recognition Gift Cards Breakage
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3100000
CY2014 us-gaap Revenue Recognition Gift Cards Breakage
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2900000
CY2016Q1 us-gaap Liability For Claims And Claims Adjustment Expense Disability Accident And Health
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2100000
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3000000
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3000000
CY2015Q1 us-gaap Workers Compensation Liability Current
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2600000
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Expected Dividend
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0
CY2015 us-gaap Litigation Settlement Expense
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8000000
CY2016Q1 rh Reclassification Of Non Current Assets
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2100000
CY2015Q1 rh Reclassification Of Current Assets
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CY2015Q1 rh Reclassification Of Current Liabilities
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22959000
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21585000
CY2016Q1 rh Prepaid Expense And Other Current Assets
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20225000
CY2015Q1 rh Prepaid Expense And Other Current Assets
PrepaidExpenseAndOtherCurrentAssets
19480000
CY2016Q1 rh Construction Deposits Noncurrent
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15384000
CY2015Q1 rh Construction Deposits Noncurrent
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9250000
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4334000
CY2015Q1 us-gaap Deferred Finance Costs Noncurrent Net
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3670000
CY2016Q1 rh Other Deposits Noncurrent
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3635000
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6193000
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4207000
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3793000
CY2016Q1 us-gaap Property Plant And Equipment Gross
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691027000
CY2015Q1 us-gaap Property Plant And Equipment Gross
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534250000
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175422000
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143406000
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Depreciation
33700000
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-160000
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1723000
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-37000
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1100000
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1372000
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351000
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408000
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49000
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27698000
CY2015Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
35942000
CY2016Q1 rh Accrued Freight Current
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27230000
CY2015Q1 rh Accrued Freight Current
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22747000
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19269000
CY2015Q1 us-gaap Sales And Excise Tax Payable Current
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21240000
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15095000
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7530000
CY2016Q1 rh Accrued Catalog Expense Current
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5988000
CY2015Q1 rh Accrued Catalog Expense Current
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4582000
CY2016Q1 rh Accrued Legal Settlements Current
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3000000
CY2015Q1 rh Accrued Legal Settlements Current
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4309000
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2736000
CY2015Q1 us-gaap Accrued Professional Fees Current
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2319000
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4674000
CY2015Q1 us-gaap Other Accrued Liabilities Current
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3427000
CY2016Q1 rh Cash And Cash Equivalents Negative Book Balances Carried By Cash Disbursement Accounts
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18400000
CY2015Q1 rh Cash And Cash Equivalents Negative Book Balances Carried By Cash Disbursement Accounts
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17500000
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CY2015Q1 us-gaap Taxes Payable Current
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1509000
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23004000
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182000
CY2015Q1 us-gaap Capital Lease Obligations Current
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255000
CY2015Q1 us-gaap Other Sundry Liabilities Current
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584000
CY2016Q1 rh Long Term Notes Payable For Share Repurchases
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19523000
CY2015Q1 rh Long Term Notes Payable For Share Repurchases
LongTermNotesPayableForShareRepurchases
19285000
CY2016Q1 us-gaap Capital Lease Obligations Noncurrent
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7399000
CY2015Q1 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
7487000
CY2016Q1 rh Unrecognized Tax Benefits Liabilities Noncurrent
UnrecognizedTaxBenefitsLiabilitiesNoncurrent
1125000
CY2015Q1 rh Unrecognized Tax Benefits Liabilities Noncurrent
UnrecognizedTaxBenefitsLiabilitiesNoncurrent
1108000
CY2016Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1302000
CY2015Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1064000
CY2016 us-gaap Line Of Credit Facility Interest Rate Description
LineOfCreditFacilityInterestRateDescription
Borrowings under the revolving line of credit are subject to interest, at the borrowers’ option, at either the bank’s reference rate or LIBOR (or the Bank of America “BA” Rate or the Canadian Prime Rate, as such terms are defined in the credit agreement, for Canadian borrowings denominated in Canadian dollars or the United States Index Rate or LIBOR for Canadian borrowings denominated in United States dollars) plus an applicable margin rate, in each case.
CY2016Q1 rh Availability In Compliance With Fixed Charge Coverage Ratio
AvailabilityInComplianceWithFixedChargeCoverageRatio
20000000
CY2016 rh Percentage Of Lender Commitment Under Revolver For Minimum Fixed Charge Coverage Ratio Threshold
PercentageOfLenderCommitmentUnderRevolverForMinimumFixedChargeCoverageRatioThreshold
0.10
CY2016 rh Debt Instrument Covenant Fixed Charge Coverage Ratio
DebtInstrumentCovenantFixedChargeCoverageRatio
1
CY2016 rh Line Of Credit Facility Minimum Cash Threshold
LineOfCreditFacilityMinimumCashThreshold
20000000
CY2016 rh Percentage Of Commitments Or Borrowing Base Under Revolver For Extensions Of Credit
PercentageOfCommitmentsOrBorrowingBaseUnderRevolverForExtensionsOfCredit
0.10
CY2014Q2 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
154800000
CY2016Q1 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
0
CY2016Q1 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
15000000
CY2015Q1 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
20200000
CY2016Q1 us-gaap Debt Instrument Unused Borrowing Capacity Amount
DebtInstrumentUnusedBorrowingCapacityAmount
535400000
CY2016Q1 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
46796000
CY2015Q1 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
19293000
CY2016Q1 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
199651000
CY2015Q1 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
99799000
CY2016Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
177564000
CY2015Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
81413000
CY2016Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
22033000
CY2015Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
18324000
CY2016Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
177527000
CY2015Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
81419000
CY2016Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
22054000
CY2015Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
18338000
CY2016Q1 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
0
CY2015Q1 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
0
CY2016Q1 us-gaap Fair Value Assets Level2 To Level1 Transfers Amount
FairValueAssetsLevel2ToLevel1TransfersAmount
0
CY2015Q1 us-gaap Fair Value Assets Level2 To Level1 Transfers Amount
FairValueAssetsLevel2ToLevel1TransfersAmount
0
CY2014Q1 rh Decrease In Long Lived Assets Fair Value Due To Impairment Charge
DecreaseInLongLivedAssetsFairValueDueToImpairmentCharge
0
CY2016 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
55676000
CY2015 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
45611000
CY2014 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
21593000
CY2016 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
9112000
CY2015 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
9235000
CY2014 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
4182000
CY2016 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
227000
CY2015 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
-596000
CY2014 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
-454000
CY2016 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
65015000
CY2015 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
54250000
CY2014 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
25321000
CY2016 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-5691000
CY2015 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
3895000
CY2014 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
6215000
CY2016 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-648000
CY2015 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-973000
CY2014 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-596000
CY2016 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
105000
CY2015 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
1000
CY2014 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-17000
CY2016 rh Deferred Income Tax Expense Benefit Continuing Operations
DeferredIncomeTaxExpenseBenefitContinuingOperations
-6234000
CY2015 rh Deferred Income Tax Expense Benefit Continuing Operations
DeferredIncomeTaxExpenseBenefitContinuingOperations
2923000
CY2014 rh Deferred Income Tax Expense Benefit Continuing Operations
DeferredIncomeTaxExpenseBenefitContinuingOperations
5602000
CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2014 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2016 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.037
CY2015 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.040
CY2014 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.058
CY2015Q1 rh Deferred Tax Liabilities State Tax
DeferredTaxLiabilitiesStateTax
3350000
CY2016Q1 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
17956000
CY2015Q1 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
22182000
CY2014 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.213
CY2014 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.001
CY2016 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.001
CY2015 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.003
CY2014 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.002
CY2016 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.006
CY2015 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.001
CY2014 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.012
CY2016 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.392
CY2015 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.386
CY2014 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.630
CY2016Q1 rh Reclassification From Current Assets To Non Current Assets
ReclassificationFromCurrentAssetsToNonCurrentAssets
27900000
CY2016Q1 rh Reclassification From Current Assets To Non Current Liabilities
ReclassificationFromCurrentAssetsToNonCurrentLiabilities
100000
CY2016Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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32248000
CY2015Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
29894000
CY2016Q1 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
29430000
CY2015Q1 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
26067000
CY2016Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRent
20074000
CY2015Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRent
14963000
CY2016Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
18964000
CY2015Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
22469000
CY2016Q1 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
1800000
CY2015Q1 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
1281000
CY2016Q1 rh Deferred Tax Assets Foreign Currency Translation
DeferredTaxAssetsForeignCurrencyTranslation
1420000
CY2015Q1 rh Deferred Tax Assets Foreign Currency Translation
DeferredTaxAssetsForeignCurrencyTranslation
1410000
CY2016Q1 rh Deferred Tax Assets Net Operating Loss Carryforward Noncurrent
DeferredTaxAssetsNetOperatingLossCarryforwardNoncurrent
214000
CY2015Q1 rh Deferred Tax Assets Net Operating Loss Carryforward Noncurrent
DeferredTaxAssetsNetOperatingLossCarryforwardNoncurrent
752000
CY2016Q1 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
24905000
CY2015Q1 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
17113000
CY2016Q1 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
18414000
CY2015Q1 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
18271000
CY2016Q1 us-gaap Deferred Tax Liabilities Financing Arrangements
DeferredTaxLiabilitiesFinancingArrangements
4719000
CY2015Q1 us-gaap Deferred Tax Liabilities Financing Arrangements
DeferredTaxLiabilitiesFinancingArrangements
-1035000
CY2016Q1 rh Deferred Tax Liabilities State Tax
DeferredTaxLiabilitiesStateTax
3052000
CY2015 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
333000
CY2015Q1 rh Deferred Tax Liabilities Reserves And Accruals Construction Allowance
DeferredTaxLiabilitiesReservesAndAccrualsConstructionAllowance
1697000
CY2016Q1 rh Deferred Tax Assets Other Noncurrent
DeferredTaxAssetsOtherNoncurrent
1793000
CY2015Q1 rh Deferred Tax Assets Other Noncurrent
DeferredTaxAssetsOtherNoncurrent
1378000
CY2016Q1 us-gaap Deferred Tax Assets Gross Noncurrent
DeferredTaxAssetsGrossNoncurrent
36897000
CY2015Q1 us-gaap Deferred Tax Assets Gross Noncurrent
DeferredTaxAssetsGrossNoncurrent
36636000
CY2016Q1 us-gaap Deferred Tax Assets Valuation Allowance Noncurrent
DeferredTaxAssetsValuationAllowanceNoncurrent
158000
CY2015Q1 us-gaap Deferred Tax Assets Valuation Allowance Noncurrent
DeferredTaxAssetsValuationAllowanceNoncurrent
176000
CY2016Q1 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
36739000
CY2015Q1 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
36460000
CY2015Q1 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
176000
CY2014Q1 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
206000
CY2013Q1 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
293000
CY2016 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
-18000
CY2015 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
-30000
CY2014 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
-87000
CY2016Q1 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
158000
CY2016Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
200000
CY2016Q1 rh State Net Operating Loss Carry Forwards
StateNetOperatingLossCarryForwards
200000
CY2016 rh Net Operating Loss Carry Forwards Expiration Dates
NetOperatingLossCarryForwardsExpirationDates
The state net operating loss carryovers will expire in 2019.
CY2016Q1 us-gaap Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
0.50
CY2015Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
940000
CY2014Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1395000
CY2013Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1841000
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
88000
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
122000
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
151000
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
69000
CY2014 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
295000
CY2016Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
921000
CY2016Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
900000
CY2015Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
900000
CY2016Q1 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
0
CY2016 rh Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Period
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossiblePeriod
P12M
CY2016Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
200000
CY2015Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
200000
CY2016 us-gaap Open Tax Year
OpenTaxYear
2002
CY2016 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2066111
CY2015 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1920719
CY2014 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1745066
CY2016 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
535306
CY2015 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1013410
CY2014 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
865733
CY2016 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
2625
CY2015 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
251910
CY2014 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
40353
CY2016 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
238000
CY2015 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
16575000
CY2014 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
2710000
CY2016Q1 us-gaap Longterm Debt Weighted Average Interest Rate
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0.03
CY2015Q1 us-gaap Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
0.05
CY2014Q1 us-gaap Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
0.05
CY2016 us-gaap Debt Instrument Term
DebtInstrumentTerm
P7Y
CY2015 us-gaap Debt Instrument Term
DebtInstrumentTerm
P8Y
CY2014 us-gaap Debt Instrument Term
DebtInstrumentTerm
P10Y
CY2016 rh Interest Expense Related To Notes Payable For Share Repurchases
InterestExpenseRelatedToNotesPayableForShareRepurchases
1000000
CY2015 rh Interest Expense Related To Notes Payable For Share Repurchases
InterestExpenseRelatedToNotesPayableForShareRepurchases
900000
CY2014 rh Interest Expense Related To Notes Payable For Share Repurchases
InterestExpenseRelatedToNotesPayableForShareRepurchases
100000
CY2016 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
0
CY2015 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
0
CY2014 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
0
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.377
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.397
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.397
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y6M
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y6M
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y8M12D
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.018
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.020
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.019
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00
CY2016Q1 rh Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedNumber
512580
CY2016Q1 rh Initial Public Offering Price Per Share
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24.00
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0.50
CY2016 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
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0.00
CY2015 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
0.00
CY2014 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
0.00
CY2014 rh Related Party Transaction Expense From Transactions Between Related Parties
RelatedPartyTransactionExpenseFromTransactionsBetweenRelatedParties
200000
CY2016 rh Lease Expiration Year
LeaseExpirationYear
2032
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1147000
CY2016Q1 us-gaap Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
1116000
CY2016Q1 us-gaap Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
1132000
CY2016Q1 us-gaap Capital Leases Future Minimum Payments Due In Four Years
CapitalLeasesFutureMinimumPaymentsDueInFourYears
1155000
CY2016Q1 us-gaap Capital Leases Future Minimum Payments Due In Five Years
CapitalLeasesFutureMinimumPaymentsDueInFiveYears
1194000
CY2016Q1 us-gaap Capital Leases Future Minimum Payments Due Thereafter
CapitalLeasesFutureMinimumPaymentsDueThereafter
10374000
CY2016Q1 us-gaap Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
16118000
CY2016Q1 us-gaap Capital Leases Future Minimum Payments Interest Included In Payments
CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments
8537000
CY2016Q1 us-gaap Capital Lease Obligations
CapitalLeaseObligations
7581000
CY2016Q1 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
78586000
CY2016Q1 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
67038000
CY2016Q1 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
58518000
CY2016Q1 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
54219000
CY2016Q1 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
48684000
CY2016Q1 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
334880000
CY2016Q1 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
641925000
CY2016Q1 rh Build To Suit Lease Future Minimum Payments Due Current
BuildToSuitLeaseFutureMinimumPaymentsDueCurrent
17523000
CY2016Q1 rh Build To Suit Lease Future Minimum Payments Due In Two Years
BuildToSuitLeaseFutureMinimumPaymentsDueInTwoYears
35353000
CY2016Q1 rh Build To Suit Lease Future Minimum Payments Due In Three Years
BuildToSuitLeaseFutureMinimumPaymentsDueInThreeYears
38200000
CY2016Q1 rh Build To Suit Lease Future Minimum Payments Due In Four Years
BuildToSuitLeaseFutureMinimumPaymentsDueInFourYears
39993000
CY2016Q1 rh Build To Suit Lease Future Minimum Payments Due In Five Years
BuildToSuitLeaseFutureMinimumPaymentsDueInFiveYears
40525000
CY2016Q1 rh Build To Suit Lease Future Minimum Payments Due Thereafter
BuildToSuitLeaseFutureMinimumPaymentsDueThereafter
631528000
CY2016Q1 rh Build To Suit Lease Future Minimum Payments Due
BuildToSuitLeaseFutureMinimumPaymentsDue
803122000
CY2016Q1 rh Operating Capital And Build To Suit Leases Future Minimum Payments Current
OperatingCapitalAndBuildToSuitLeasesFutureMinimumPaymentsCurrent
97256000
CY2016Q1 rh Operating Capital And Build To Suit Leases Future Minimum Payments Two Years
OperatingCapitalAndBuildToSuitLeasesFutureMinimumPaymentsTwoYears
103507000
CY2016Q1 rh Operating Capital And Build To Suit Leases Future Minimum Payments Three Years
OperatingCapitalAndBuildToSuitLeasesFutureMinimumPaymentsThreeYears
97850000
CY2016Q1 rh Operating Capital And Build To Suit Leases Future Minimum Payments Four Years
OperatingCapitalAndBuildToSuitLeasesFutureMinimumPaymentsFourYears
95367000
CY2016Q1 rh Operating Capital And Build To Suit Leases Future Minimum Payments Five Years
OperatingCapitalAndBuildToSuitLeasesFutureMinimumPaymentsFiveYears
90403000
CY2016Q1 rh Operating Capital And Build To Suit Leases Future Minimum Payments Thereafter
OperatingCapitalAndBuildToSuitLeasesFutureMinimumPaymentsThereafter
976782000
CY2016Q1 rh Operating Capital And Build To Suit Leases Future Minimum Payments Due
OperatingCapitalAndBuildToSuitLeasesFutureMinimumPaymentsDue
1461165000
CY2016 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
76246000
CY2015 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
75654000
CY2014 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
66686000
CY2016 us-gaap Operating Leases Rent Expense Contingent Rentals
OperatingLeasesRentExpenseContingentRentals
10209000
CY2015 us-gaap Operating Leases Rent Expense Contingent Rentals
OperatingLeasesRentExpenseContingentRentals
7989000
CY2014 us-gaap Operating Leases Rent Expense Contingent Rentals
OperatingLeasesRentExpenseContingentRentals
6208000
CY2016 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
86455000
CY2015 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
83643000
CY2014 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
72894000
CY2016 rh Build To Suit Lease Rent Expense Minimum Rent
BuildToSuitLeaseRentExpenseMinimumRent
12755000
CY2015 rh Build To Suit Lease Rent Expense Minimum Rent
BuildToSuitLeaseRentExpenseMinimumRent
7375000
CY2014 rh Build To Suit Lease Rent Expense Minimum Rent
BuildToSuitLeaseRentExpenseMinimumRent
1980000
CY2016 rh Build To Suit Lease Rent Expense Contingent Rent
BuildToSuitLeaseRentExpenseContingentRent
442000
CY2015 rh Build To Suit Lease Rent Expense Contingent Rent
BuildToSuitLeaseRentExpenseContingentRent
122000
CY2016 rh Build To Suit Lease Rent Expense Net
BuildToSuitLeaseRentExpenseNet
13197000
CY2015 rh Build To Suit Lease Rent Expense Net
BuildToSuitLeaseRentExpenseNet
7497000
CY2014 rh Build To Suit Lease Rent Expense Net
BuildToSuitLeaseRentExpenseNet
1980000
CY2015 rh Build To Suit Lease Transaction Interest Expense
BuildToSuitLeaseTransactionInterestExpense
9900000
CY2014 rh Build To Suit Lease Transaction Interest Expense
BuildToSuitLeaseTransactionInterestExpense
5300000
CY2013 rh Build To Suit Lease Transaction Interest Expense
BuildToSuitLeaseTransactionInterestExpense
1100000
CY2015 rh Noncash Rent Expense
NoncashRentExpense
2900000
CY2014 rh Noncash Rent Expense
NoncashRentExpense
2900000
CY2013 rh Noncash Rent Expense
NoncashRentExpense
3900000
CY2016Q1 us-gaap Fair Value Disclosure Offbalance Sheet Risks Amount Liability
FairValueDisclosureOffbalanceSheetRisksAmountLiability
0
CY2014Q3 us-gaap Loss Contingency Damages Awarded Value
LossContingencyDamagesAwardedValue
9500000
CY2015 us-gaap Loss Contingency Accrual Provision
LossContingencyAccrualProvision
9500000
CY2015 rh Loss Contingency Accrual Provision Revised
LossContingencyAccrualProvisionRevised
8000000
CY2015Q1 us-gaap Loss Contingency Accrual Carrying Value Payments
LossContingencyAccrualCarryingValuePayments
2400000
CY2015Q1 rh Merchandise Discount Coupon Rate
MerchandiseDiscountCouponRate
0.33
CY2016 rh Merchandise Discount Coupon Expiry Period
MerchandiseDiscountCouponExpiryPeriod
P1Y
CY2016 us-gaap Loss Contingency Settlement Agreement Terms
LossContingencySettlementAgreementTerms
On March 16, 2015, the Company, through the third party claims administrator, began mailing the class action award to class members. The Company, through the third party claims administrator, paid approximately $2.4 million in cash awards to the class members and mailed 33% discount coupons, good for one year, on purchases up to $10,000, to class members that did not request the cash award. During a hearing on April 16, 2015, the Court provided additional guidance regarding the manner in which class members can use the 33% merchandise discount coupon. Specifically, the court ordered that the 33% coupons may be combined with the Company’s other promotional offers.
CY2016 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2015 rh Entity Wide Revenue Major Customer Number
EntityWideRevenueMajorCustomerNumber
0
CY2014 rh Entity Wide Revenue Major Customer Number
EntityWideRevenueMajorCustomerNumber
0
CY2013 rh Entity Wide Revenue Major Customer Number
EntityWideRevenueMajorCustomerNumber
0
CY2015Q2 us-gaap Sales Revenue Net
SalesRevenueNet
422445000
CY2015Q3 us-gaap Sales Revenue Net
SalesRevenueNet
506942000
CY2015Q4 us-gaap Sales Revenue Net
SalesRevenueNet
532411000
CY2016Q1 us-gaap Sales Revenue Net
SalesRevenueNet
647208000
CY2015Q2 us-gaap Gross Profit
GrossProfit
143418000
CY2015Q3 us-gaap Gross Profit
GrossProfit
194263000
CY2015Q4 us-gaap Gross Profit
GrossProfit
190750000
CY2016Q1 us-gaap Gross Profit
GrossProfit
224261000
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
7156000
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
29935000
CY2015Q4 us-gaap Net Income Loss
NetIncomeLoss
20710000
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
33302000
CY2015Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39913946
CY2015Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40045850
CY2015Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40282734
CY2016Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40522242
CY2015Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.18
CY2015Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.75
CY2015Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.51
CY2016Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.82
CY2015Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41959718
CY2015Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42243910
CY2015Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42413657
CY2016Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42225070
CY2015Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.17
CY2015Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.71
CY2015Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.49
CY2016Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.79
CY2014Q2 us-gaap Sales Revenue Net
SalesRevenueNet
366254000
CY2014Q3 us-gaap Sales Revenue Net
SalesRevenueNet
433766000
CY2014Q4 us-gaap Sales Revenue Net
SalesRevenueNet
484675000
CY2015Q1 us-gaap Sales Revenue Net
SalesRevenueNet
582727000
CY2014Q2 us-gaap Gross Profit
GrossProfit
124349000
CY2014Q3 us-gaap Gross Profit
GrossProfit
167909000
CY2014Q4 us-gaap Gross Profit
GrossProfit
180373000
CY2015Q1 us-gaap Gross Profit
GrossProfit
218143000
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
1795000
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
27253000
CY2014Q4 us-gaap Net Income Loss
NetIncomeLoss
19429000
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
42525000
CY2014Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39152923
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39436255
CY2014Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39507272
CY2015Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39734145
CY2014Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.05
CY2014Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.69
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.66
CY2014Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.47
CY2015Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.02
CY2014Q2 us-gaap Loss Contingency Accrual Provision
LossContingencyAccrualProvision
9200000
CY2015Q1 rh Reversal Of Estimated Expenses
ReversalOfEstimatedExpenses
1500000
CY2014Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.49
CY2015Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.07
CY2014Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40787726
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41262629
CY2014Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41392831
CY2015Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41777509
CY2014Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.04

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